Outfront Media
249 hedge funds and large institutions have $2.59B invested in Outfront Media in 2018 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 104 increasing their positions, 81 reducing their positions, and 38 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 81
0.44% less ownership
Funds ownership: 101.3% → 100.85% (-0.44%)
2% less funds holding
Funds holding: 255 → 249 (-6)
11% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 38
19% less capital invested
Capital invested by funds: $3.21B → $2.59B (-$619M)
75% less call options, than puts
Call options by funds: $1.73M | Put options by funds: $6.88M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$71.7M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$48.8M |
| 3 |
JP Morgan Chase
New York
|
+$37.7M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$30.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$28.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$78.1M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$70.7M |
| 3 |
BlackRock
New York
|
-$47.4M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$23.5M |
| 5 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$23M |
OUT Hedge Fund Activity: Q1 2018 in Review
249 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q1 2018, worth a combined $2.59B — down 19% from $3.21B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of OUT and 34 opened new positions — a net loss of 4 holders — while 81 trimmed existing stakes and 104 added.
The largest buyer was Vanguard Group, adding an estimated $71.7M. The largest seller was Route One Investment Company, cutting an estimated $78.1M.
- 249 institutional investors held Outfront Media (OUT) as of Q1 2018, down from 255 in Q4 2017.
- Funds reported $2.59B of Outfront Media stock for Q1 2018, down 19% quarter-over-quarter.
- 34 funds opened new Outfront Media positions in Q1 2018 and 38 closed out, a net change of -4 holders.
- The largest Outfront Media buyer in Q1 2018 was Vanguard Group, an estimated $71.7M added.
- The largest Outfront Media seller in Q1 2018 was Route One Investment Company, an estimated $78.1M sold.
Based on aggregated 13F filings for Q1 2018.